If the firms in an industry represented 35%, 25%, 20%, 15%, and 5% of the market's total revenues, respectively, what would be the measure of the Herfindahl-Hirschman Index for this industry?

People who live in countries with ________ average incomes generally live __________ lives.

A. lower; shorter B. lower; longer C. higher; shorter D. higher; more meaningful

A period of decline in total output, income, employment, and trade, lasting six months or longer, is defined as a:

A. trough. B. secular trend. C. business cycle. D. recession.